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Shiba Inu (SHIB) saw net outflows of over 202 billion tokens from exchanges, with its price rising over 7% within the day.
According to CryptoQuant data, as of September 17, Shiba Inu (SHIB) saw a net outflow of approximately 202.237 billion SHIB tokens from exchanges in the past 24 hours, indicating that inflows for selling purposes were significantly lower than outflows. This negative net flow is generally considered a bullish signal, reflecting buyer dominance in the market. Influenced by this, SHIB's price rose over 7% during the day, currently trading at approximately $0.000005103.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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